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Letter to Editor
August 9, 1794
Gazette Of The United States And Daily Evening Advertiser
Philadelphia, Philadelphia County, Pennsylvania
What is this article about?
A correspondent urges the US Mint to issue gold and silver coins promptly, highlighting the delay in production beyond cents and banks' refusal to exchange foreign guineas, which inconveniences mechanics in small transactions.
Clipping
OCR Quality
100%
Excellent
Full Text
A correspondent is anxious to learn how soon the directors of the mint of the United States mean to furnish the public with gold and silver coin. A considerable time has elapsed since its establishment, and nothing has emanated from it but a few cents and half cents. At present there appears a necessity for it to supersede foreign coinage, as some, if not all, of the banks in this city refuse to accommodate us with the change of a single guinea. This want of accommodation may appear trivial to persons in capital business, but by a mechanic who only now and then receives a chance guinea, it is particularly felt.
What sub-type of article is it?
Informative
Persuasive
What themes does it cover?
Economic Policy
Commerce Trade
What keywords are associated?
Us Mint
Gold Silver Coin
Foreign Coinage
Banks Refusal
Guinea Change
Mechanics Hardship
What entities or persons were involved?
A Correspondent
Letter to Editor Details
Author
A Correspondent
Main Argument
the directors of the us mint should soon furnish gold and silver coins, as only cents have been produced despite time elapsed, and banks refuse to change foreign guineas, causing hardship for mechanics.
Notable Details
Banks Refuse To Change A Single Guinea
Impact Felt By Mechanics Receiving Occasional Guinea